Current:Home > ContactGoogle lays off hundreds in hardware, voice assistant teams amid cost-cutting drive -Wealthify
Google lays off hundreds in hardware, voice assistant teams amid cost-cutting drive
View
Date:2025-04-13 03:43:16
Google has laid off hundreds of employees working on its hardware, voice assistance and engineering teams as part of cost-cutting measures.
The cuts come as Google looks towards “responsibly investing in our company’s biggest priorities and the significant opportunities ahead,” the company said in a statement.
“Some teams are continuing to make these kinds of organizational changes, which include some role eliminations globally,” it said.
Google earlier said it was eliminating a few hundred roles, with most of the impact on its augmented reality hardware team.
The cuts follow pledges by executives of Google and its parent company Alphabet to reduce costs. A year ago, Google said it would lay off 12,000 employees or around 6% of its workforce.
Google is not the only technology company cutting back. In the past year, Meta -- the parent company of Facebook -- has slashed more than 20,000 jobs to reassure investors. Meta’s stock price gained about 178% in 2023.
Spotify said in December that it was axing 17% of its global workforce, the music streaming service’s third round of layoffs in 2023 as it moved to slash costs and improve its profitability.
Earlier this week, Amazon laid off hundreds of employees in its Prime Video and studios units. It also will lay off about 500 employees who work on its livestreaming platform Twitch.
Amazon has cut thousands of jobs after a hiring surge during the pandemic. In March, Amazon announced that it planned to lay off 9,000 employees, on top of 18,000 employees it said that it would lay off in January 2023.
Google is currently locked in a fierce rivalry with Microsoft as both firms strive to lead in the artificial intelligence domain.
Microsoft has stepped up its artificial intelligence offerings to rival Google’s. In September introduced a Copilot feature that incorporates artificial intelligence into products like search engine Bing, browser Edge as well as Windows for its corporate customers.
veryGood! (7542)
Related
- The Best Stocking Stuffers Under $25
- Flash Deal: Save $22 on the It Cosmetics Superhero Volumizing Mascara
- After Dire U.N. Warning On Climate, Will Anything Change?
- Smoke plume from Canadian wildfires reaches Europe
- Tom Holland's New Venture Revealed
- Hello Kitty & Starface Team Up Once Again With a Limited-Edition Pimple Patch Launch
- Pregnant Rumer Willis Reveals Future Family Plans Ahead of Welcoming Baby
- What The U.S. Can Do About The Dire Climate Change Report
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Kevin Spacey's U.K. trial on sexual assault charges opens in London
Ranking
- Former Syrian official arrested in California who oversaw prison charged with torture
- Former student arrested in hate-motivated stabbing at Canadian university gender studies class
- Climate Change Destroyed A Way Of Life On The Once-Idyllic Greek Island Of Evia
- 84-Degree Ocean Waters Will Turn Sam Into A Major Hurricane On Saturday
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- As Ida Weakens, More Than 1 Million Gulf Coast Homes And Businesses Are Without Power
- Pregnant Ireland Baldwin’s Mom Kim Basinger Reacts to Her Nude Shower Selfie
- Smoke plume from Canadian wildfires reaches Europe
Recommendation
The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
The Tokyo Games Could End Up Being The Hottest Summer Olympics Ever
Fleetwood Mac Singer Christine McVie’s Cause of Death Revealed
Hundreds arrested as France rocked by third night of fiery protests over fatal police shooting of teen
Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
Sydney Sweeney's Second Collection With Frankies Bikinis' Sexiest Yet Swimwear Line Is Here
Climate Change Is Killing Trees And Causing Power Outages
Katie Maloney Slams Tom Schwartz's Support of Tom Sandoval and His Creepy Raquel Leviss Kiss